Kanzhun Q1 2026 Earnings Call: Complete Transcript
Summary
Kanzhun reported Q1 2026 revenue growth of 7.6% year over year to RMB 2.07 billion, with adjusted operating income rising 17.8% and margins expanding to 39.4%. The company added over 15 million newly verified users and ended the period with 7.1 million paid enterprise customers, supported by continued demand from both job seekers and employers. Management said AI is now central to the business, especially for closed-loop recruiting services, small-model development, and product efficiency gains across the platform. The company also highlighted strong cash generation, over $200 million in share repurchases this year, and ongoing expansion in Hong Kong through Offer Today. Guidance for Q2 2026 calls for revenue of RMB 2.38 billion to RMB 2.42 billion, implying continued growth.